Edmonds rated one of state’s most fiscally healthy cities

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Edmonds has been recognized as one of the most fiscally healthy cities in the state, according to a new financial report. In a survey of 150 cities in Washington state, Edmonds ranked 22nd, with one of the highest average credit scores for its residents. Edmonds was also the top ranked city in Snohomish County.

“Edmonds residents should be proud of this recognition as it showcases their ability to wisely manage their finances,” said City of Edmonds Mayor Dave Earling.

Experian’s licensed dataset, LendEDU, an online marketplace for student loan refinancing and other financial products, was able to analyze the average credit score of each town and city in Washington with a population above 5,000. Edmonds came in at No. 22, with an average credit score of 741, meaning it is seen as having some of the most fiscally secure and responsible citizens. Mercer Island was ranked No. 1, with an average score of 766.

The full report and methodology, including a map and table of the statewide results, can be found here: https://lendedu.com/blog/best-credit-scores-washington/

3 COMMENTS

  1. The population , not the City of Edmonds government, scores high in credit worthiness. Nothing to do with fiscal responsibility of the City at all. The title is a bit misleading, as iis putting it in the government section. Not at all surprising that a relatively well to do town has relatively well to do citizens with good credit scores.

  2. Thank you Diane for clarifying and your analysis is correct. Let’s hope the residents of Edmonds keeps an eye on their credit these next few months because of the huge Equifax hack. Amazing how we hear about it months out after the fact?!?

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